Alteryx (NYSE:AYX) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided EPS guidance of $(0.03-0.05) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.09). The company issued revenue guidance of $56.5-57.5 million, compared to the consensus revenue estimate of $53.53 million.

NYSE AYX traded up $0.17 during trading hours on Thursday, reaching $58.81. The stock had a trading volume of 82,593 shares, compared to its average volume of 1,184,372. The firm has a market cap of $3.24 billion, a P/E ratio of -186.87 and a beta of 0.99. Alteryx has a 52-week low of $21.15 and a 52-week high of $63.18. The company has a quick ratio of 2.71, a current ratio of 2.71 and a debt-to-equity ratio of 0.91.

Alteryx (NYSE:AYX) last issued its earnings results on Wednesday, November 7th. The company reported $0.03 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.10) by $0.13. The firm had revenue of $54.18 million for the quarter, compared to analyst estimates of $49.79 million. Alteryx had a negative return on equity of 9.44% and a negative net margin of 9.44%. Alteryx’s revenue for the quarter was up 58.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.02 earnings per share. As a group, research analysts expect that Alteryx will post -0.47 earnings per share for the current year.

AYX has been the subject of a number of analyst reports. Needham & Company LLC boosted their price target on Alteryx from $43.00 to $51.00 and gave the company a buy rating in a report on Monday, August 6th. Zacks Investment Research downgraded Alteryx from a hold rating to a sell rating in a report on Tuesday, August 14th. Citigroup set a $81.00 price target on Alteryx and gave the company a buy rating in a report on Tuesday, September 18th. DA Davidson boosted their price target on Alteryx to $52.00 and gave the company a neutral rating in a report on Thursday, August 9th. Finally, KeyCorp boosted their price target on Alteryx from $40.00 to $53.00 and gave the company an overweight rating in a report on Friday, July 20th. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Alteryx has a consensus rating of Buy and a consensus target price of $58.50.

In other news, insider Langley P. Eide sold 37,003 shares of the company’s stock in a transaction that occurred on Monday, August 13th. The stock was sold at an average price of $55.36, for a total transaction of $2,048,486.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Abdiel Capital Management, Llc bought 75,000 shares of Alteryx stock in a transaction dated Thursday, November 1st. The shares were acquired at an average cost of $53.54 per share, with a total value of $4,015,500.00. The disclosure for this purchase can be found here. Over the last three months, insiders acquired 194,855 shares of company stock valued at $9,551,233 and sold 3,390,485 shares valued at $187,381,390. Insiders own 39.01% of the company’s stock.

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About Alteryx

Alteryx, Inc operates a self-service data analytics software platform that enables organizations to enhance business outcomes and the productivity of their business analysts. Its software platform includes Alteryx Designer for data preparation, blending, and analytics that could be deployable in the cloud and on premise; Alteryx Server, a secure and scalable server-based product for scheduling, sharing, and running analytic processes and applications in a Web-based environment; Alteryx Connect, a collaborative data exploration platform for discovering information assets and sharing recommendations across the enterprise; Alteryx Promote, an analytics model management product for data scientists and analytics teams to build, manage, monitor, and deploy predictive models to production; and Alteryx Analytics Gallery, a cloud-based collaboration offering that allows users to share workflows in a centralized repository.

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